XML 14 R4.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Revenue $ 43,243 $ 88,795 $ 139,749 $ 305,581
Cost of revenue 40,667 72,570 134,862 249,779
Gross profit 2,576 16,225 4,887 55,802
Operating expenses:        
Selling, general and administrative expenses 16,604 20,812 52,046 73,606
Restructuring charges 0 2,227 0 10,921
Loss from operations (14,028) (6,814) (47,159) (28,725)
Other income (expense), net        
Interest expense (3,755) (4,103) (10,672) (13,265)
Unrealized gain (loss) on investment in equity securities 0 138 0 (12,433)
Other (expense) income, net (115) (361) 791 412
Total other income (expense), net (3,870) (4,326) (9,881) (25,286)
Loss before income taxes and non-controlling interests (17,898) (11,140) (57,040) (54,011)
Income tax provision (430) (1,757) (1,857) (5,295)
Net loss (18,328) (12,897) (58,897) (59,306)
Net loss (income) attributable to non-controlling interests 59 (340) 151 (642)
Net loss attributable to Altisource $ (18,269) $ (13,237) $ (58,746) $ (59,948)
Earnings Per Share [Abstract]        
Basic (in usd per share) $ (1.15) $ (0.85) $ (3.71) $ (3.85)
Diluted (in usd per share) $ (1.15) $ (0.85) $ (3.71) $ (3.85)
Weighted average shares outstanding:        
Basic (in shares) 15,831 15,637 15,816 15,578
Diluted (in shares) 15,831 15,637 15,816 15,578
Comprehensive loss:        
Comprehensive loss, net of tax $ (18,328) $ (12,897) $ (58,897) $ (59,306)
Comprehensive loss (income) attributable to non-controlling interests 59 (340) 151 (642)
Comprehensive loss attributable to Altisource $ (18,269) $ (13,237) $ (58,746) $ (59,948)